Columbus, OH

Verizon shares fell Monday after the telecommunications giant's second-quarter earnings missed analysts' estimates despite adding phone and internet subscribers. Revenue grew slightly year-over-year, but profit slipped. Verizon also affirmed its full-year guidance, projecting wireless service revenue growth but lower adjusted earnings per share than in 2023. Verizon (VZ) shares dropped...

Verizon Slips on Earnings Miss Despite Subscriber Growth

Reuters

(Reuters) - Chip design software maker Cadence Design Systems forecast third-quarter revenue and profit below Wall Street estimates on Monday, indicating stiff competition from rival Synopsys.

Chip design software firm Cadence forecasts third-quarter results below estimates

United Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations. It also cut its 2024 revenue guidance to approximately $93 billion, revised from a previous forecast for as much as $94.5 billion. Weak freight demand and soft pricing in the shipping sector...

UPS shares fall 12%, post worst day on record after earnings miss and guidance cut

The Motley Fool

Why Celsius and Lululemon could be poised to rebound later this year.

2 Growth Stocks That Could Skyrocket in the Back Half of 2024 and Beyond

The S&P 500 fell 0.2% on Tuesday, July 23 as quarterly earnings results from an array of companies took center stage. UPS shares lost ground after the package delivery giant reported lower-than-expected quarterly results and trimmed its full-year guidance. Shares of MSCI soared as recurring revenue growth helped the provider...

S&P 500 Gains and Losses Today: UPS Fails to Deliver on Earnings, Shares Drop

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Well... if you haven't heard by now... CrowdStrike (CRWD), the cybersecurity behemoth, had a pretty major hiccup with a global IT outage thanks to a botched software update in the middle of the night. Thousands of flights were affected, global banking operations, personal computers and laptops, and businesses across 14...

Three Stocks: CrowdStrike, Intuitive Surgical, and Starbucks

24/7 Wall St.

Outside of NVIDIA’s (NASDAQ: NVDA) recent share price going stratospheric, Amazon (NASDAQ: AMZN) has been a Wall Street darling since the company IPO’d in May 1997 at a split adjusted price of $.07. Today, Amazon stock trades for $184.88, which means that stock is up over 189,300% since May 1997 turning every $1000 invested into […]
The post Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..

Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030

A look at the day ahead in U.S. and global markets from Mike Dolan. Monday's Wall Street bounce saw some relief precede the first two earnings reports from the "Magnificent 7" megacap stocks, while U.S. Vice President Kamala Harris looked set to replace Joe Biden as Democrat candidate for November's White House race.

Morning Bid: Megacaps report, Harris in frame, China wobbles

Kimberly-Clark's second quarter sales of $5 billion were 2% lower than the prior-year period, including negative impacts of approximately 5% from foreign currency translation and approximately 1% from the divestiture of the Tissue and K-C Professional (KCP) business in Brazil in June 2023. Organic sales increased 4%, driven by a 2% increase in price and a 2% increase through a combination of volume and mix. Price-led gains reflected necessary pricing actions to address higher local costs in hyperinflationary economies, mainly in Argentina. Volume and mix were positive across North America, Developing and Emerging (D&E) markets, as well as Developed Markets (representing Australia, South Korea and Western/Central Europe).

Kimberly-Clark Announces Q2 Results

According to Evercore ISI, the market has entered a correction phase driven by weak August and September seasonality and heightened political volatility, reminiscent of the Clinton vs. Dole and Bus vs. Gore election years. "[The] correction has begun in Time and Price," analysts noted, predicting the S&P 500 will test...

Evercore: Correction has begun; seasonality, political uncertainty to underpin market volatility

Investing in fundamentally strong stocks currently trading near their 52-week lows can be a profitable strategy. However, it's important to focus on shares of companies with sound fundamentals. More critically, those companies should have potential catalysts that could lead to a rebound in their stock prices. These might include the launch of new products or solutions, a change in go-to-market strategy, and cost reduction initiatives, among others.

Trading Near 52-Week Lows: 2 Beaten-Down Stocks Poised to Rebound

Las Vegas, NV

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NewsByJoshua

As the mercury rises, so does the stress on your car, especially in places like Las Vegas where triple-digit temperatures are the norm during the summer. A local driver, Frieda Vallejos, shared with KLAS-TV how living in Vegas for over 20 years has helped her body adapt to the heat, but unfortunately, the same can't be said for her car. She recently experienced her center console knob melting off—yikes!

A mechanic warns drivers to act now to avoid 'ruining their center console' as a heatwave approaches

Louisiana State

Conn’s Inc., a prominent home improvement retailer based in Texas, is grappling with the possibility of filing for Chapter 11 bankruptcy as it contends with dwindling sales amidst rising inflation, according to reports.

Massive home improvement retailer on brink of bankruptcy

UPS earnings call for the period ending June 30, 2024.

United Parcel Service (UPS) Q2 2024 Earnings Call Transcript

FARNBOROUGH, England (Reuters) - Aviation leaders will meet at a marque summit outside London on Monday as the industry struggles with supply chain disruptions, aircraft delays and floundering plans to reduce carbon emissions. The July 22-26 Farnborough Airshow, a gathering of top executives from airlines, aircraft makers and weapons manufacturers,...

Aviation summit opens amid jet shortages, supply chain turbulence

(Reuters) -Coca-Cola raised its annual sales and profit forecasts on Tuesday, as the beverage maker expects to benefit from price hikes and an advertising blitz, mainly in international markets where demand for its sodas and juices has been relatively strong. Shares of Coca-Cola (NYSE:KO) rose nearly 2% as the company...

Coca-Cola raises forecasts, bets on price hikes and ad blitz

Heico Corp (HEI) has reached a significant milestone, hitting an all-time high of $232.11. This achievement is a testament to the company's robust performance and strong market presence. Over the past year, Heico Corp has demonstrated impressive growth, with a 1-year change of 30.25%. This substantial increase underscores the company's resilience and adaptability in a dynamic market environment. The all-time high price level reached by Heico Corp is a clear indication of its strong financial health and promising future prospects.

Heico Corp reaches all-time high at $232.11, marking a significant milestone

Investing.com -- Since hitting an all-time high of $73,777 in mid-March, Bitcoin has been in a consolidation phase. This period of rangebound trading has dampened market enthusiasm, but historical trends and current indicators suggest a breakout is imminent, H.C. Wainwright noted in a recent research report. Throughout most of Q2...

Bitcoin miner revenues fell 22% in Q2, reports H.C. Wainwright

Investing.com-- Oil prices settled lower Tuesday, falling to their weakest levels since mid-June as growing expectations of a Gaza ceasefire and uncertainty over demand growth weighed on sentiment. At 14:30 ET (18:30 GMT), Brent oil futures fell 1.3% to $81.20 a barrel, while West Texas Intermediate crude futures slipped 1.5%...

Oil prices settle lower on Gaza ceasefire deal hopes; US inventory data eyed

NewsBreak

Seagate shares gain 5% after delivering better-than-expected Q4 results

FREMONT, Calif. - Seagate Technology Holdings plc (NASDAQ: STX), a world leader in data storage solutions, has reported a significant beat on earnings and revenue for...

Seagate shares gain 5% after delivering better-than-expected Q4 results

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